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As major North American unconventional plays approach maturity, the industry faces a critical challenge in sustaining production levels and reserve replacement. This blog post is based on the technical paper “Can Transfer Learning Be Used to Forecast Production in Frontier Basins? Download the full paper here.
We saw everything from “vibe code a production forecast” demonstrations to LLMs generating reservoir engineering functions. While these proof-of-concepts showed promise, they felt more like impressive tricks than production-ready tools. Niederhut, K. A Case Study from the Powder River Basin D. Niederhut*, G. Male* 2 , I.
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During the production test, the well was tested at multiple flow rates in order to gather data to determine the flow capacity of the well, to provide an early estimate of potential resource volumes, and to obtain high quality fluid samples. the “Paradox project”). Water cut was less than 0.5%
In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The internal technical evaluation of this well is now largely complete, prior to further review by a third party.
Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production.
As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? What about varying completions alongside spacing? In this series, we will explore the reasons behind these limitations, and the corrective solutions implemented by Novi algorithms.
Since then, weve built the industrys highest-quality database, incorporating cutting-edge AI to enhance your understanding of spacing, landing zones , and future production with unprecedented precision. Explore the details below or scroll to the bottom for our video demo and a firsthand look. But we are not stopping there.
The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.
Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. According to the U.S. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026.
This big, blue-blood gold asset was almost completely forgotten by the marketleaving lots of leverage. Goldshore has spent over $65 million on the deposit with 235,000 total meters of drilling completed by all owners to make this a BIG gold asset. Nobody was the OBVIOUS driver. Its close to very cheap power ($0.08/KwH)
Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3
Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. According to the U.S. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026.
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More recently, there have been media reports exploring uncertainty over student visa policy and how it might affect international-student enrollment. In this article, we explore how to align the needs of students, universities, and private housing owners and operators and develop a winning recipe for student housing.
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